Celsius

Celsius (CEL) Moves $1B in Ethereum (ETH) To Exchanges; What Does it Mean for Pullix (PLX)?

Celsius (CEL) Moves $1B in Ethereum (ETH) To Exchanges; What Does it Mean for Pullix (PLX)?

Pullix (PLX) is providing solace for investors who are seeking new alternatives amidst the Celsius (CEL) bankruptcy ordeal. In a recent development, the crypto lending protocol reportedly executed a substantial whale transaction, transferring a staggering $1 billion worth of Ethereum (ETH). Meanwhile, Pullix has been attracting more investors as its ongoing token presale advances through […]

Celsius (CEL) Moves $1B in Ethereum (ETH) To Exchanges; What Does it Mean for Pullix (PLX)? Read More »

Celsius Wallet Transfers $36M into Coinbase and FalconX Platforms – What’s Going On?

Celsius Wallet Transfers $36M into Coinbase and FalconX Platforms – What’s Going On?

Last updated: January 23, 2024 23:48 EST | 2 min read Source: AdobeStock/Rafael Henrique On-chain analytics blockchain platform Lookonchain has identified a Celsius wallet making transfers to crypto exchanges. Sharing the information on X (formerly Twitter), Lookonchain highlighted that the defunct crypto lending protocol’s wallet deposited 13,000 Ether tokens – equivalent to $30.34 million in

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Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive

Celsius Executes $125 Million Transfer to Crypto Exchanges in Repayment Drive

Bankrupt lending firm Celsius has transferred over $125 million worth of its Ether to crypto exchanges in the past week as part of its initiative to repay creditors. The move follows that of FTX and Alameda Research, which also resumed funds transfer earlier this month. From January 8 to January 12, $95.5 million was moved

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Celsius Targets Withdrawals Made 90 Days Before Bankruptcy for Repayment

Celsius Targets Withdrawals Made 90 Days Before Bankruptcy for Repayment

Source: Adobe / FellowNeko The bankrupt crypto lender Celsius Network has notified its creditors that customers who made substantial withdrawals in the 90 days leading up to the bankruptcy declaration may need to return a portion of the funds or face legal consequences. According to a notice published by Celsius bankruptcy managers on January 9,

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Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Though most crypto investors have good reason to be optimistic this week, Celsius creditors may be in for a bad deal if digital asset prices continue to climb. The bankrupt crypto lending firm may soon be able to pay its cash-based debts simply by liquidating its newly profitable Bitcoin (BTC) and Ethereum (ETH) holdings alone.

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